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Schumer Receives $1.65 Million From Wall Street

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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-29-09 11:38 AM
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Schumer Receives $1.65 Million From Wall Street

http://www.huffingtonpost.com/2009/09/28/schumer-receives-165-mill_n_301692.html


Politico reports that New York Sen. Chuck Schumer raised $1.65 million in contributions from the financial services industry -- nearly twice the amount of any other senator.

Data from the Center for Responsive Politics shows that despite scaling back contributions after last year's financial collapse, Wall Street firms are still investing in the Senate. Of the $10.6 million the industry gave to sitting senators this year, more than $7.7 million has gone to Democrats, defying the traditional notion that Republicans benefit most from Wall Street contributions.

-snip-

Schumer's fellow New York Senator Kirsten Gillibrand came in second with $886,000 in contributions from the industry. Majority Leader Harry Reid followed with $814,000, according to Politico.

In 2007, Wall Street's investments in Schumer paid off when the senator ran to the financial industry's defense, playing a key role in fighting off a tax hike on hedge fund and equity fund managers.
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Teaser Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-29-09 11:40 AM
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1. he is hitler
.
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larryhorse Donating Member (7 posts) Send PM | Profile | Ignore Tue Sep-29-09 11:41 AM
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2. Do you have that from a reliable source?
Isn't this a report from hollywood insider or something?
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